Post #2292

📰 NEWS | Venezuela: PDVSA Pledges ‘Reliable’ Oil Supplies to US Amid Iran War Venezuela’s state oil company PDVSA announced it has signed supply contracts delivering crude and derivatives to US markets, reaffirming its commitment to “global energy market stability” amid price volatility following the US-Israel war on Iran. The development comes under a US-controlled framework imposed after Washington asserted control over Venezuela’s oil industry. US officials confirmed that $500 million from an estimated $2 billion oil deal has been transferred to Caracas, while proceeds are deposited in accounts managed by the US Treasury Department and contracts remain under US jurisdiction. Meanwhile, Venezuelan exports declined in February after shipments to China were wound down, with exports expected to rebound in March through scheduled deliveries to Indian buyers. Read our full report here 👉🏾https://venezuelanalysis.com/news/venezuela-pdvsa-pledges-reliable-oil-supplies-to-us-amid-iran-war/ #PDVSA#Sanctions#USVenezuelaRelations